PARSIQ Partners with Solster – a DeFi Ecosystem on Solana

PARSIQ is thrilled to announce its newest partnership with Solster, one of the first launchpads to be created on the Solana blockchain.

What is Solster?

Solster is an ecosystem built entirely on the Solana blockchain with the key focus on:

• Improvement on user experience
• Advanced Launchpad functionality
• Easy token sale flow
• DEX trading window design
• Transparent and decentralised lottery platform based on legacy, pooled giveaway, and subscription models
• Customer support system.

Solster Finance is an ecosystem that helps investors to diversify their decentralized finances (DeFi). Solster ecosystem incorporates IDO Launchpad for Solana Projects, decentralized exchange (DEX) for crypto trading, token swap, token staking, token vesting and lottery platform.

PARSIQ + Solster

Solana is a high throughput blockchain and with high throughput comes massive amounts of data. Having just acquired $314 Million dollars in a fundraiser two months ago, there is no doubt that we will see a lot of projects starting to utilize this blockchain.

The Solster ecosystem is going to provide several key services for their users, all backed by data provided by PARSIQ.

PARSIQ will provide key data to create advanced analytics on trading fees, liquidity pool volumes and borrowing/lending pools. The data will serve as transparency in potential ROI for users looking to maximize their profits. IDO teams utilizing the Solster platform can also benefit from receiving data metrics from IDO’s held on Solster.

IDO projects and investors will know the growth of the number of wallets interacting with any one project, the average HODL duration of any one investor in the project, as well as the average change in token quantity held by each wallet investing in a project. These metrics give priceless data sets to understand the true potential of a startup project, and gives the project themselves critical awareness of their user retention, as well as the ability to reward long-time holders more handsomely.

About Solster

Solster Finance is an ecosystem that helps investors to diversify their decentralized finances (DeFi). Solster IDO Launchpad is a decentralized platform for fundraising which is built on the Solana blockchain with guaranteed token allocation to participants. Solster ecosystem incorporates decentralized exchange (DEX) for crypto trading, token swap, token staking, token vesting and lottery platform.

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About PARSIQ

PARSIQ is a blockchain monitoring and workflow automation platform that serves as a multi-level bridge between blockchains and off-chain applications. PARSIQ technology is a proprietary ParsiQL programming language that allows users to monitor and interpret an endless stream of data on the blockchain; thus, it’s possible to monitor traders and ordinary users’ wallets.

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